A survey by international recruitment firm Randstad of 26,000 employees in 35 countries found that 85% of Gen Z prioritize work-life balance over income.
The trend reflects their top desires, surpassing other factors such as salary, job security, company alignment with personal values and growth prospects.
This is the first time in the 22-year survey that work-life balance has surpassed salary (79%) in importance.
Deloitte, a Big 4 consultancy, has described Gen Z as a generation that is radically different in its attitudes towards careers and how it defines success in life. At the same time, the need for mental health support is widespread, with 66% saying it is a top priority.
The survey also found that 79% of global workers say they have a good work-life balance, up 1% from last year.
Deloitte’s 2024 study also found that 25% of Gen Z employees choose their workplace for work-life balance, also more than the 19% group for salary. They also care about annual leave (78%), flexibility in work location (70%), flexibility in working hours (74%), and the opportunity to make a personal impact in their role (68%).
Sander van't Noordende, chief executive of Randstad, says salary is no longer an attractive descriptor in recruitment. Global talent is looking for a workplace that aligns with their personal values, aspirations and background.
He believes that the shortage of quality human resources will increase in the future. Companies need to restructure the workplace to match employee expectations to retain them.
“That's what builds the foundation of a successful company,” he said.
TH (according to VnExpress)